Each month I take the time to post our dividend income results. I find this to be helpful as it shows the small steps we are taking in building this income stream. Since we are not loaded with unlimited cash to invest, my wife and I simply invest what we can one month at a time.

As you can see below, consistently investing and growing your portfolio will bear nice returns over the course of several years.

2016 November Dividend Income Results

The month of November will likely never be a record setting month for dividend income. We will save those milestones for next month (December) when we should hit a new all time high for dividends in one month.

While no records were broke this past month, it was still the best November we have ever recorded for dividends. Our income grew by over 26% from the same month last year. I love to see that kind of growth each month and year and hope to continue that trend in the future.

We had 7 stocks pay out a dividend in November, and they were from some awesome companies. Do names like like Caterpillar, Clorox, Lowe’s, Verizon, and Procter & Gamble sound familiar?

I love reporting back on past results to see how much we have actually grown. Take a look at the growth we have seen over the past 4 years based on November dividend income results –

Note – All of these investments were made through our Robinhood and LOYAL3 accounts … which means we did not pay any commissions or fees on these trades.

The total amount of new capital invested in November was – $1,091.31

Here are the new investment totals for the year –

January Investments – $518.30

February Investments – $527.49

March Investments – $584.08

April Investments – $500.00

May Investments – $2,441.26

June Investments – $1,142.25

July Investments – $970.08

August Investments – $0

September Investments – $176.24

October Investments – $767.61

November Investments – $1,091.31

New 2016 Investments – $8,718.62

Conclusion

The dividend income earned in November ($124.48) was up over 26% from the same time last year. These increases were from a combination of new investments made, dividend reinvestment’s, and company dividend increases.

At this point, we are on pace to earn a little over $1,925 in dividends for the year. With only one month to go in the year, it means we will not hit our goal of $2,250 We should be very close to reaching $2K for the first time … but will likely come up short.

How was your dividend income in November?

Full Disclosure – At the time of this writing, we owned shares in the following stocks noted in this post – AAPL, ADM, AFL, CAT, CLX, LOW, O, OHI, PG, TGT, VZ, and WMT. The material above is not a recommendation to buy. Please do your own research on a company before deciding to invest.

You are doing something right with that nice year over year gain in passive income. Just keep adding fresh capital as you have been doing every month and with dividend increases and reinvestment your snowball will continue to grow that much faster. Nice names paying you as well. Love seeing a few similar names in common for the month. Thanks for sharing.